Stocks Climb on Micron Earnings and Economic Optimism

The S&P 500 Index ($SPX) (SPY) today is up +0.31%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +1.21%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.55%.  September E-mini S&P futures (ESU26) are up +0.26%, and September E-mini Nasdaq futures (NQU26) are up +0.47%.

Stock indexes whipsawed higher today, with the Dow Jones Industrials posting a new all-time high.  Strength in chipmakers is leading the broader market higher today after Micron Technology's blowout forecast reaffirmed the bull case for the artificial intelligence trade.  Micron is up more than +11% after forecasting Q4 revenue of $50 billion, well above the consensus of $43.24 billion.  Also, Qualcomm is up by more than 4% after forecasting annual sales of more than $15 billion from artificial intelligence components for data centers by fiscal 2029.

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Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/stocks-climb-micron-earnings-economic-152048339.html)